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Showing 1961 - 1970 of 14210 results for "Interest"

YFYS sanctions don't help existing members: ISA

CHLOE WALKER  |  THURSDAY, 27 APR 2023
On the back of yesterday's heatmaps from APRA, Industry Super Australia (ISA) has said it's clear that closing funds to new members is a Choice sector business model, not a punishment. The Choice heatmaps revealed two thirds of products that are closed ...

Biggest super funds face human rights complaints

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... "Funds must ensure Santos upholds the human rights of Traditional Owners or else dump their investments. It's in the best interest of super fund members, Traditional Owners and the climate to stop these catastrophic gas projects going ahead." Echoing ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... have maintained their appeal for customers seeking stability and certainty of returns, and we're seeing increasing interest off the back of the rising interest rate environment." Term deposits versus super Despite the Australian superannuation market ...

Morningstar downgrades PIMCO, Vanguard funds

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... "This strategy's use of quantitative and fundamental research and wide sector bands offers scope to navigate a variety of interest-rate and credit regimes, but it has struggled to do much more than capitalise on positive environments for credit. The ...

US platform bids for Yieldbroker

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... banks, as well as former and current employees. Yieldbroker is a trading platform for Australian government bonds and interest rate derivatives, while Tradeweb operates marketplaces for rates, credit, equities, and money markets. "We believe this transaction ...

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... at its next meeting. "The RBA is clinging to the hope that the labour market will begin to soften this year as higher interest rates start to impact demand, in turn contributing to a higher unemployment, cooling wage and inflation pressures. However ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... decreased revenues. First Republic's results for Q1 2023 showed a 13.4% decrease in revenues, a 19.4% decrease in net interest income, and a 32.9% decrease in net income. Following these results, the bank's stock price dropped by 50%. In addition to ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
A host of Equity Trustees and OnePath options once again dominated the worst-performing and most expensive Choice products in APRA's newly published heatmap results. Of the 407 options with an eight-year return history APRA analysed, 182 or 45% ...

Lonsec nabs Franklin Templeton sales director

CHLOE WALKER  |  MONDAY, 24 APR 2023
Marc Hraiki will join the Lonsec team as its first executive director, adviser sales and service. Hraiki's appointment to the newly created role follows the acquisition of Implemented Portfolios in August last year and the subsequent restructure of ...

APAC investors cut PE allocations by 50%

CASSANDRA BALDINI  |  MONDAY, 24 APR 2023
... S&P Global and Preqin found. Investor hesitancy could of course be contributed to market uncertainty coupled with high interest rates. "Which found some institutional investors overexposed to private equity as public markets fell," S&P Global said. What ...